Award

Wrexham County Borough Council - Lease Financing for Vehicles (Feb-17)

WREXHAM COUNTY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

11 May 2017 at 16:45

Summary of the contracting process

The Wrexham County Borough Council has completed a procurement process titled "Lease Financing for Vehicles (Feb-17)" in the financial leasing services industry. This process aimed at acquiring vehicle assets valued at GBP 332,225 through either finance or operating leasing options. The tender period closed on 27 February 2017, with the contract period commenced on 16 March 2017 and set to end on 15 March 2022. The procurement method employed was an open procedure, allowing a wider range of bidders to compete for the opportunity.

This tender presents significant growth opportunities for businesses specialising in financial leasing services, particularly those capable of providing vehicle leasing solutions. Companies, including small to medium-sized enterprises (SMEs), with expertise in asset financing and leasing are encouraged to engage in similar future tenders. Wrexham County Borough Council seeks competitive bids offering flexible and innovative leasing arrangements, making this an ideal contract for businesses that are agile and adept in financial services.

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Notice Title

Wrexham County Borough Council - Lease Financing for Vehicles (Feb-17)

Notice Description

Wrexham Council is seeking bids for Finance or Operating Leasing for the acquisition of vehicle assets costing GBP 332225.30. The Council is looking for bids of a 5 year primary lease period. The Council will consider either lease classification for accounting purposes with a drawdown before the end of March 2017.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7b635860-fa84-48b6-b7ba-bc800214e964
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8611b2e7-633a-41a1-8f25-c384084902b1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66114000 - Financial leasing services

Notice Value(s)

Tender Value
£332,225 £100K-£500K
Lots Value
Not specified
Awards Value
£332,225 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 May 20178 years ago
Submission Deadline
27 Feb 2017Expired
Future Notice Date
Not specified
Award Date
16 Mar 20178 years ago
Contract Period
16 Mar 2017 - 15 Mar 2022 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WREXHAM COUNTY BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WREXHAM
Postcode
LL11 1AY
Post Town
Llandudno
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL3 North Wales
Small Region (ITL 3)
TLL34 Flintshire and Wrexham
Delivery Location
TLL Wales

Local Authority
Wrexham
Electoral Ward
Grosvenor
Westminster Constituency
Wrexham

Supplier Information

Number of Suppliers
1
Supplier Name

SIEMENS FINANCIAL SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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